Banco Davivienda SA · BVC:PFDAVVNDA
Banco Davivienda SA — Q2 2013 Earnings Presentation
21 slides from Banco Davivienda SA's earnings presentation, July 2013
Slide 1: Earnings Presentation Q2-13 Consolidated Results
Earnings Presentation Q2-13 Consolidated Results
Slide 2: Disclaimer
The information presented here is exclusively informative and illustrative. It is not, nor does it pretend to be a source of legal or financial consultation regarding any issue. The financial information and projections presented are based on information and calculations carried out internally by DA
Slide 3: Content
Content Second Quarter Highlights Second Quarter 2013 Results
Slide 4: Second Quarter Highlights
Second Quarter Highlights
Slide 5: Main Results
Second Quarter Highlights Main Results Davivienda continues it´s Strategy Assets Growth1: 39.1% Assets and profits diversification: International Subsidiaries share 19.8% and 20.0% respectively. Better performance in the consumer portfolio2: -12% in allowances expenses Accumulated Investments Income
Slide 6: Davivienda expands its presence in Colombia
Second Quarter Highlights Davivienda expands its presence in Colombia 2,391 DaviPlata service points1, operating in 537 municipalities. 1.7 million customers of which nearly 920 thousand correspond to “Mas Familias en Acción” beneficiaries. Tripled the number of transactions to $420 billion 1. 2 ATM
Slide 7: Extraordinary Shareholders' Meeting
Second Quarter Highlights Extraordinary Shareholders’ Meeting Actual Standard New Standard 2 Regulatory minimum standard Equity was restructured, by transferring $1.3 billion1 from occasional reserves accounts to capital accounts, increasing Tier 1 capital Accounting period changed from semi-annual
Slide 8: Key Commercial Results
Second Quarter Highlights Key Commercial Results Payroll disbursements totaled $561 billion, 49.9% higher than 1Q13 and 13.2% higher than 2Q12 Disbursements in the construction portfolio totaled $603 billion, a 55.7% increase compared with 1Q13 and 77.6% compared to 2Q12. As of June, Davivienda has
Slide 9: Mortgages
Second Quarter Highlights Mortgages Disbursements totaled $697 billion. A 18.1% increase compared with 1Q13 and 40.6% for the same quarter of 2012. Davivienda leads the social housing segment with a market share of 34.3%1 Housing Fair Coverage in 24 cities Including: 486 construction companies 913 p
Slide 10: Other Relevant Events
Second Quarter Highlights Other Relevant Events In May, Davivienda was authorized by the Colombian Financial Regulation Authority and the Colombian Stock Exchange to acquire Corredores Asociados. The transaction has not yet finalized and is pending approval from local Panamanian Authorities. On July
Slide 11: Second Quarter 2013 Results
Second Quarter 2013 Results
Slide 12: Assets
Consolidated Assets (COP trillions) Q/Q Y/Y Cash 13.8% 40.7% Investments, net 6.7% 60.3% Loans, net 5.1% 34.8% Other assets 6.1% 38.3% Assets 6.1% 39.1% ROAA(1) 1.96% 1.71% 1.31% Assets Jun. 12 Mar. 13 Jun. 13 Q/Q Y/Y Colombia 36.5 41.6 43.2 3.9% 18.5% International (2) 1.5 9.2 10.7 16.0% 611.4% 1 R
Slide 13: Gross Loans
Consolidated Gross Loans (COP trillions) Consolidated Colombia International Q/Q Y/Y Q/Q Y/Y Q/Q Mortgages (1) 5.3% 61.2% 5.0% 32.8% 6.4% Consumer 2.2% 21.4% 1.0% 5.9% 10.3% Commercial (2) 6.3% 34.1% 5.6% 13.9% 9.1% Total 4.9% 34.4% 4.1% 14.4% 8.8% Gross Loans Jun. 12 Mar. 13 Jun. 13 Q/Q Y/Y Colombi
Slide 14: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Quality: Loans>90 days Coverage: Allowances/ Loans>90 days CA includes El Salvador, Costa Rica and Honduras 14
Slide 15: Quality and Coverage (%)
Consolidated Quality and Coverage (%) Consumer Commercial 1 Mortgage2 CA includes El Salvador, Costa Rica and Honduras Quality: Loans>90 days Coverage: Allowances/ Loans>90 days 1 Commercial includes microcredits 2 Mortgages includes leasing 15
Slide 16: Funding Sources
Consolidated Funding Sources (COP trillions) Q/Q Y/Y Deposits 5.6% 43.3% Bonds -0.1% 70.6% Credits 3.5% 45.7% Sources of Funding 4.5% 47.1% Loans Net/ Funding 88.9% 81.0% 81.4% Sources(1) Sources of Funding Jun. 12 Mar. 13 Jun. 13 Q/Q Y/Y Colombia 28.4 34.3 35.0 2.0% 23.1% International 1.3 7.6 8.8
Slide 17: Financial Margin, net
Consolidated Financial Margin, net (COP billions) QUARTERLY ACCUMULATED 1,880 2,001 NIM(1) Jun. 12 Mar. 13 Jun. 13 7.8% 8.1% 7.1% 2Q12 1Q13 2Q13 Jan-Jun Jan-Jun 12 13 Consolidated Consolidated Colombia 2Q13/1Q13 % Accum 13/Accum 12 Accum 13/Accum 12 1.1 Loan Income 19.6 5.2 -218.0 Investment Income
Slide 18: Expenses
Consolidated Expenses (COP billions) QUARTERLY ACCUMULATED Efficiency(1) Jun. 12 Mar. 13 Jun. 13 48.1% 51.2% 55.7% Consolidated Consolidated Colombia 2Q13/1Q13 % Accum 13/Accum 12 Accum 13/Accum 12 0.7 Personnel Expenses 25.9 2.2 8.9 Operating Expenses 50.6 10.0 10.7 Other expenses (2) 23.8 6.5 6.2
Slide 19: Net Income
Consolidated Net Income (COP billions) QUARTERLY ACCUMULATED ROAE(1) Jun. 12 Mar. 13 Jun. 13 15.7% 13.2% 10.7% 2Q12 1Q13 2Q13 Jan-Jun 12 Jan-Jun 13 Consolidated Consolidated Colombia 2Q13/1Q13 % Accum 13/Accum 12 Accum 13/Accum 12 -55.5 Financial Margin, net -4.8 -23.2 0.1 Fees & Commissions 33.9 3.
Slide 20: Accumulated Net Income
Consolidated Accumulated Net Income (COP billions) Accum. Net Income Jun 13 Jun 13/Jun 12 Colombia 218.3 -39.5% International 54.6 307.3% Accum. Net Income 272.8 -27.1% Colombia includes individual net income, local subsidiaries and elimination for $30.4 billions for dividends effect from local subs
Slide 21: Thank you
¡GraciasThank por suyou! atención!